Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Overview:
We are seeking a detail-oriented and analytical Assistant Underwriter to join our team. As an Assistant Underwriter, you will play a crucial role in supporting the underwriting process by collecting and analyzing data, assessing risk, and assisting with loan origination. This is an excellent opportunity for someone looking to develop their skills in the financial industry.
Job Purpose: This primary responsibility for the Personal Lines Underwriting Assistant is to assist & work with Underwriters so they can analyze, appraise, determine acceptable risks for business. They also assist the Underwriter in determining coverage and premiums that are both adequate and competitive.
Key Responsibilities:
· Assists in the analyzing of exposure based on risk, collects underwriting information when needed.
· Reviews coverage forms when appropriate and acts as an insurance resource for assigned Underwriters.
· Participates on a team consisting of underwriting, claims, risk evaluation and accounting.
· Works with Staff ensure quote and policy information is entered correctly into the system.
· Works on special projects as needed, including the testing, and analyzing of the data in our policy processing system.
· Maintain written procedures for various job functions.
· Ensure security, integrity and confidentiality of data.
· Other duties as assigned
Knowledge, Skills and Abilities:
· Strong analytical skills and the ability to pay attention to details.
· Ability to work independently and to carry out assignments to completion.
· Good oral and written communication skills required.
· Strong interpersonal skills.
· Ability to become familiar with and demonstrate an understanding of underwriting resource material.
· Proficient in MS Office Products.
Education and Experience Required:
· Entry level position – willing to train the right individual.
Location: Office position – Jamestown ND.
Job Type: Full-time
Benefits:
Schedule:
Work Location: In person